21 May 2012

Boots sees profit boost

Pharmacy group Alliance Boots has said that profits rose in the UK, despite a drop in demand for cold and flu medicine following a relatively warm winter. A lift in beauty and toiletries saw the group, which has more than 2,500 UK stores, increase UK retail profits by 5.2% to £750 million. However, sales were down 0.3% at £6.37 billion for the year to March 31st, driven by a 1.6% decline in dispensing and related income to £2.37 billion.... read more